Its bullish but not for long term prize can retrace and break avgs of minor wave 2 of 5 avgs should hold the prize for this view
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Typografical mistake - minor wave 2 of 3
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ABCWXABCY - W UPDATED
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Perfect Example of corrective pattern called “double threes” in wave 4
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Nifty Broke previous minor high wave 1 and 3 will be equal at 23230.
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As I posted in today's youtube video - today's Index close is very important - it was negative daily close. count of minor wave i and ii is updated on daily chart. The low of minor wave ii is 22385 will be our new stoploss now. 20 DMA is 22443.46 40 DEMA is 22277. Weekly AVG is 22352.
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Intraday Count Update 40 HEMA - Trailing Stop Loss Resistance zones are in purple
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Nifty Dailly - Wave Update Trend - Up Nifty closed positive today Wave iii of iii is unfolding FII - always move with the market trend - they have changed their positions in the past few days - they are taking positions from short to long. The low of wave ii - 22385 is key reversal - should not break.
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Swing Changes after market started Wave count will be change Trailing SL Hit Look like wave 2 minor will sideways or trend will be change we have to wait till next 2 sessions time of correction is still pending. or will follow trading setup and will take fresh entry.
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Nifty Daily - Wave Update Trend - Up Nifty closed Nagetive in last session As i posted on 27th of April - Price can retrace more - But our close is still above 20SMA - this is wave 2 this can retrace more Golden ratio 61.8% is 22166.15
Nifty Daily Update Nifty Trend - Up Close - Positive Support Level - Today law - 22185 Nifty index sustain near 61.8% Retracement level Its look like wave ii completed
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As i posted in yesterday's video and post if 22185 is break down side trend can continue. Nifty didn't sustain 61.8 retracement level. will update about counts
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WAVE COUNT IS STILL BULL
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NIFTY - DAILY WAVE COUNT UPDATED Its look like we are in wave 4 - and its tringle wait for pattern confirmation Keep trend line as stoploss Will post related video and explain in details
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Amazing selling Pressure Down side trend line break - wait for candle close below trend line No reversal yet
Nifty Wave and Trend Trend - Up Wave - 3rd of 5 unfolding Minimum Target of wave 3 Main resistance - 60.81% - break - if close above this - Bulls will be dominate Support - 40 EMA Stoploss - Trail - Yesterdays Low
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Simple Long Short of My Strategy
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Nifty - Wave Count and Trend Trend - Short term up Wave - iii of III unfolding Stoploss - Trail 22495 (Closing)
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NIFTY MAAAAAAL LAAAAAO - WE ARE NEAR TO OUR TARGET
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Nifty - wave count trend and target update. Trend - Short term up Wave - subordinate wave 3rd of 5th is unfolding. There are possibilities of extension in wave 5 so after achieving target don't ever thing to short without pattern confirmation - This is educational post only
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Channel of the year 21st Dec 2024 to 24th May 2024 Bada pareshan kiya isne sab ko last time darshan karlijiye
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